Recent Performance of Scynexis Inc (SCYX) Stock: A Closer Look

Abby Carey

A share price of Scynexis Inc [SCYX] is currently trading at $0.81, up 5.47%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SCYX shares have gain 3.02% over the last week, with a monthly amount drifted -27.49%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Scynexis Inc [NASDAQ: SCYX] stock has seen the most recent analyst activity on January 22, 2021, when Guggenheim initiated its Buy rating and assigned the stock a price target of $25. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on January 06, 2021, and set its price target to $30. On July 11, 2018, upgrade upgraded it’s rating to Buy but maintained its price target of $5 on the stock. Maxim Group started tracking the stock assigning a Buy rating and suggested a price target of $6 on June 27, 2018. Guggenheim initiated its recommendation with a Buy and recommended $6 as its price target on October 24, 2017. ROTH Capital started tracking with a Buy rating for this stock on July 10, 2017, and assigned it a price target of $8.50. In a note dated May 09, 2017, Needham downgraded an Hold rating on this stock.

Scynexis Inc experienced fluctuations in its stock price throughout the past year between $0.66 and $1.62. Scynexis Inc [NASDAQ: SCYX] shares were valued at $0.81 at the most recent close of the market.

Analyzing the SCYX fundamentals

Trailing Twelve Months sales for Scynexis Inc [NASDAQ:SCYX] were 3.26M which represents 85.33% growth. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at -11.22%, Pretax Profit Margin comes in at -6.1%, and Net Profit Margin reading is -5.99%. To continue investigating profitability, this company’s Return on Assets is posted at -0.32, Equity is -0.37 and Total Capital is -0.73. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Scynexis Inc [NASDAQ:SCYX] is 5.20. Further, the Quick Ratio stands at 5.20, while the Cash Ratio is 1.01. Considering the valuation of this stock, the price to sales ratio is 10.44, the price to book ratio is 0.72.

Transactions by insiders

Recent insider trading involved Federated Hermes Kaufmann Fund, 10% Owner, that happened on Dec 18 ’24 when 4709.0 shares were purchased. 10% Owner, Federated Hermes Kaufmann Smal completed a deal on Dec 18 ’24 to buy 0.13 million shares. Meanwhile, 10% Owner Federated Hermes Kaufmann Fund bought 0.17 million shares on Dec 18 ’24.

MZP News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.